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U.S. Supreme Court in Washington. (Photo: J. Scott Applewhite/AP) U.S. Supreme Court (Photo: J. Scott Applewhite/AP)

On Tuesday, the U.S. House of Representatives passed The Investor Protection and Capital Markets Fairness Act, H.R. 4344, intended to “substantially strengthen” the Securities and Exchange Commission’s (SEC’s) authority to recover the wrongful gains of securities law violators.

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